Magna International Inc Stock Dividends
Magna International Inc Stock Dividends Overview
MGA pays dividends quarterly. Last paid amount was $0.475 at May 31, 2024. As of today, dividend yield (TTM) is 3.53%.
Dividend Yield Range
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 3.53% |
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Frequency | Quarterly |
1Y Growth | 3.26% |
Payout Ratio | 0 |
Amount Per Share | $0.475 |
Magna International Inc has not yet announced its next dividend date. Last payment date was: May 31, 2024.
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MGA Dividend Payout History
To ensure a understanding of MGA's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 03, 2024 | May 16, 2024 | May 31, 2024 | $0.475 | 1.05% |
2 | Feb 09, 2024 | Feb 22, 2024 | Mar 08, 2024 | $0.475 | 0.87% |
3 | Nov 03, 2023 | Nov 16, 2023 | Dec 01, 2023 | $0.460 | 0.83% |
4 | Aug 04, 2023 | Aug 17, 2023 | Sep 01, 2023 | $0.460 | 0.780% |
5 | May 05, 2023 | May 18, 2023 | Jun 02, 2023 | $0.460 | 0.90% |
6 | Feb 10, 2023 | Feb 23, 2023 | Mar 10, 2023 | $0.460 | 0.88% |
7 | Nov 04, 2022 | Nov 17, 2022 | Dec 02, 2022 | $0.450 | 0.734% |
8 | Jul 29, 2022 | Aug 11, 2022 | Aug 26, 2022 | $0.450 | 0.763% |
9 | Apr 29, 2022 | May 12, 2022 | May 27, 2022 | $0.450 | 0.704% |
10 | Feb 14, 2022 | Feb 24, 2022 | Mar 11, 2022 | $0.450 | 0.775% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MGA Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MGA dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MGA stock here.
Comparing MGA to Sector and Country
MGA pays a solid dividend yield of 3.53%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.800%). MGA’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.91%), which means that there are more attractive dividend stocks to consider.
MGA Stock Competitors
Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
---|---|---|---|---|---|
Magna International Inc | 12.448B | $0.475 | 3.53% | 51.73% |